Bajel Projects Valuation

Q: What is the Fair Price of BAJEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BAJEL (₹237.55) is trading above our estimate of [[fair value]] (₹4.21)

Is BAJEL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BAJEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BAJEL (₹237.55) is trading above our estimate of fair value (₹4.21)

Significantly Below Fair Value: BAJEL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BAJEL?

Key metric: As BAJEL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BAJEL. This is calculated by dividing BAJEL's market cap by their current earnings.
What is BAJEL's PE Ratio?
PE Ratio	139.9x
Earnings	₹196.17m
Market Cap	₹27.42b

BAJEL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.4x
Enterprise Value/EBITDA	54.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BAJEL's PE Ratio compare to its peers?

The above table shows the PE ratio for BAJEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	35.6x
DPSCLTD India Power	91.6x	n/a	₹16.0b
500390 Reliance Infrastructure	3.2x	n/a	₹100.6b
540565 India Grid Trust	31.8x	n/a	₹118.6b
CESC CESC	16x	13.4%	₹226.8b
BAJEL Bajel Projects	139.9x	n/a	₹27.4b

Price-To-Earnings vs Peers: BAJEL is expensive based on its Price-To-Earnings Ratio (139.9x) compared to the peer average (35.6x).

Price to Earnings Ratio vs Industry

How does BAJEL's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BAJEL is expensive based on its Price-To-Earnings Ratio (139.9x) compared to the Asian Electric Utilities industry average (16.1x).

Price to Earnings Ratio vs Fair Ratio

What is BAJEL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BAJEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	139.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BAJEL's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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